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Essex 01810
3 Charles Circle
$1,039,000
● House - Off Market

3 Charles Circle

Andover, MA 01810
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,971 Ft²
$1,566,558
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Stunning custom built classic brick front colonial located on a cul-de-sac in desirable South Andover.  Impeccably maintained home features open floor plan with spacious kitchen and large island, beautiful maple cabinets, granite, stainless appliances, wine cooler and large eating area.  Family room has cathedral ceiling and gas fireplace.  Wonderful master bedroom with tray ceiling and crown molding, double closets, beautiful bath with double vanity, jacuzzi tub and large shower with steam.  Hardwood floors thru out, 3 car garage.  Mint condition.  Home backs up to AVIS conservation land, close to highways and downtown.
Unit Size
3,971 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$276
Property Type
House
Property Taxes
$1,477
HOA Dues
-
Year Built
2009

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72488645)

Price History

Date / Event Date Event Price
Aug 2, 2019 Sold
Premium
Sold
Apr 25, 2019 Listed by Marie T. Wood REALTORS® $1,095,000
Listed by Marie T. Wood REALTORS®
Apr 24, 2008 Sold
Premium
Sold
Oct 17, 2007 Listed by Marie T. Wood REALTORS® $599,000
Listed by Marie T. Wood REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,941
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 4,535
  • Gross Building Area: 7,944
  • Building Area: 4,535
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,535
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDOVER
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00063 B:00016 L:0000E
  • Block: 16
  • Lot: E
  • Municipality: ANDOVER
  • Latitude: 42.6151
  • Longitude: -71.1189

    Address

  • Full Address: 3 Charles Cir
  • Address - House Number: 3
  • Address - Street Name: Charles
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Andover
  • Carrier Code: C024
  • 4-Digit Zip Code: 6147
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,006,800

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,534,737
  • High Value: 1,796,256
  • Low Value: 1,273,218

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,469,100
  • Assessed Land Value: $602,300
  • Assessed Improvements Value: $866,800

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18285
  • Previous Sale Recording Date: Apr 24, 2008
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72488645

Frequently Asked Questions

When was property at 3 Charles Circle built and last sold?
The property at 3 Charles Circle was built in 2009 and last sold on Aug 2, 2019 for $1,039,000.
How much is this home worth?
The estimated value of the home located at 3 Charles Circle is $1,121,999.
What are some comparable homes to 3 Charles Circle?
There are currently no comparable homes to 3 Charles Circle.
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